Century Casinos starts 2026 with outstanding Q1 results

• Net operating revenue in Q1 2026 hits a new record
• The company’s earnings from operations skyrocketed by 65% year-over-year
• Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, speak about the newly released results

The leading gaming and entertainment company, Century Casinos, Inc., released its first quarter financial results.

The company recorded strong net operating revenues, reporting single-digit growth, but hit an all-time record for net operating revenue in a first quarter.

Net revenue up by 5%, sets new all-time record for a first quarter

The start of 2026 is stellar for Century Casinos, considering that it reported $137.2m in net operating revenue for the three months ended March 31, 2026.

Compared to the $130.4m result from Q1 2025, the latest net operating revenue result signals a 5% year-over-year increase.

Equally as important, Century Casinos' earnings from operations soared.

In Q1 last year, the company posted $7.1m in earnings from operations.

However, during the same period this year, Century Casinos' earnings from operations skyrocketed by 65% to $11.8m.

Per the latest unaudited financial results, in Q1 2026, adjusted EBITDAR was $24.9m, a figure that reveals a 24% increase year-over-year.

A breakdown of the record Q1 net operating revenue shows that the company's US East and US Midwest operations hit $38.9m and $41.8m, up by 5% each when compared to the relevant period in 2025.

On the other hand, the net operating revenue for Century Casinos' US West operations increased by 4% year-over-year to $17.1m.

Notably, the company's operations in Canada recorded $18.3m in net revenue, up by 11%, while Century Casinos' Polish operations posted $21.1m in revenue, suggesting a slight 2% year-over-year growth.

The latest results follow the release of Century Casinos' Q4 and 2025 figures, which highlighted a successful end to the year.

Century Casinos’ North American venues outperformed Q1 2025 results

Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, spoke about the recently released first quarter results, Casino Guru News learned from a press release.

"The first quarter of 2026 was an all-time record for net operating revenue in a first quarter in the Company's history, and we saw all North American properties outperform the first quarter of 2025 in both net operating revenue and Adjusted EBITDAR," the executives said.

Haitzmann and Hoetzinger acknowledged that this outstanding growth was primarily driven by strong play by the company's core and high-value customer groups.

"We are particularly pleased with the results at the Nugget, which saw an increase in Adjusted EBITDAR of 93% compared to the first quarter of 2025," the two executives said in conclusion.

Century Casinos operates a dozen hotel and casino resorts in the United States, Canada and Poland.

Image credit: Pixabay.com